Kuwaiti Foreign Minister arrives in Baghdad to discuss outstanding issues with Baghdad

 Sun 29/04/2012

Baghdad (news) .. Arrived this morning in Baghdad, Deputy Prime Minister and Foreign Minister of Kuwait Sabah Khalid Al Hamad Al-Sabah on an official visit to discuss the outstanding issues between the two countries.
A reporter Agency (news) content in the Baghdad International Airport: The Minister of Foreign Affairs of Kuwait arrived in Baghdad at the head of a high-level Kuwaiti delegation, to head his country's delegation at the meeting of the second session of the joint higher committee Kuwait - Iraq.
He added that the delegation includes both the Minister of Finance Mustafa Jassim North and Minister of Communications Salem Mthieb Alovena and Oil Minister Hani Abdulaziz Hussein, Adviser at the Amiri Diwan Mohammad Abdullah Abolhassan and senior officials of ministries, organizations and bodies to participate in the meetings of committees of the second session of the joint higher committee Kuwait - Iraq.
This meeting will discuss the details of the visit by the recent Prime Minister Nouri Maliki to Kuwait and that the talks dealt with a number of outstanding issues between the two countries.
The Iraqi delegation headed by Prime Minister Nuri al-Maliki had held during his visit to Kuwait on March 14 detailed discussions with the Emir of Kuwait on the overall issues of relations, Iraq - Kuwait, was reached on a number of understandings on the settlement of the debt owed by Iraqi Airways and the completion of a final settlement, on and off side Kuwait's all legal proceedings and claims on the company and property in Iraq. / Finished / 4. n. r /

 

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Minister of Foreign Affairs of Kuwait for "news": serious about the closure of outstanding issues with Iraq as soon as

 Sun 29/04/2012

Baghdad (news) .. Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid Al-Sabah, said that the outstanding issues between Kuwait and Iraq will be closed as soon as he said, adding that Kuwait is serious about closing those files.
Sheikh Sabah said in a statement brief singled out by the reporter Agency (news) said on Sunday: that the files between Kuwait and Iraq will be closed as soon as, after reaching the joint Iraqi - Alkotah, to new results.
He said Kuwaiti Foreign Minister to: Kuwait Government of Kuwait to end the serious and the closure of any file is stuck with Iraq, and to resolve all problems.
This was confirmed by Kuwaiti Foreign Minister during his meeting with Prime Minister Nuri al-Maliki, his country's readiness to resolve all issues, and said: we have come and Parvguetna team of ministers and specialists in order to make progress in all areas.
He also said Sheikh Sabah Al-Khalid Al-Sabah said the Kuwaiti delegation is supported by the great Emir of Kuwait and the Prime Minister, and that he has tendencies need to find solutions to all problems, calling to expand the horizons of economic cooperation and trade and cultural cooperation between the two countries.
It was Kuwait's foreign minister arrived in Baghdad at the head of the delegation of high-level government to head his country's delegation at the meeting of the Joint Supreme Committee, Iraq - Kuwait. / Finished / 4. For. M 

 

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Deputy for the rule of law: Mr. Sadr was the representative for the National Alliance in meeting the five-

 Sun 29/04/2012

Baghdad (news) .. The member of a coalition of state law, MP / National Alliance / Abdul Mahdi al-Khafaji, said the cleric Muqtada al-Sadr, was the representative for the National Alliance at the meeting held yesterday Quintet in Arbil.
Khafaji said in a statement (of the Agency news) on Sunday: The presence of Mr. Muqtada al-Sadr was the representative for the National Alliance and from the State of Law Coalition at the meeting quintet, and that this meeting would not be a substitute for the National Conference to be held under the auspices of President Jalal Talabani and based in Baghdad.
He added that the insistence of the Iraqi List, not to attend the national conference on the significance it does not want his contract, and is working to impede.
This was President Jalal Talabani held a meeting a consultation about the current situation in the country, in which the cleric Muqtada al-Sadr, and Iyad Allawi, head of the Iraqi Parliament Speaker Osama Najafi and President of Kurdistan Region Masoud Barzani. / Finished / 7. N. R

 

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Abandon the sale of currencies .. Central bank's move in response to the surprise of his critics

  Sun 29/04/2012

Baghdad (news) / report / Faleh Hussein / .. After a scathing criticism of the Central Bank against the backdrop of high exchange rate of the dinar against the U.S. dollar, began to think the central withdraw his hand from the sale of hard currency in the auction for the benefit of a government banks.
The Central Bank intends to transfer an auction sale of hard currency to government commercial bank, the fact that the auction does not fall within its competence, raising the ire of a number of financial experts, parliamentarians and government banks because the technology is not qualified and can not maintain the exchange rate of the dinar against the dollar.
In this regard, said a member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri: The delivery of the auction to a government bank would increase the value of the dinar against the U.S. dollar level can not be controlled, would hurt citizens by increasing prices in the domestic market.
The Yasiri (of the Agency news): The Central Bank is in crisis due to increased demand for the dollar, making him take the complex procedures forced the speculators to buy it from banking offices in the black market.
There is fear of depletion of foreign currency the central bank as a result went to sell it, especially since it comes from oil, the only source of income of the state, but that money must be invested in other projects are a lot of money to the people.
"The decision to abandon a central bank to commercial banks may have come as a result of his inability to save the value of the dinar against the hard currencies again," said Yasiri.
And see the U.S. dollar has increased significantly and an unprecedented value in front of the Iraqi dinar, with an exchange rate of one dollar (1300) Iraqi dinars, after it had been stable for a long time on the (1170) JD, is born out of fear of economic circles constantly increase its price and its direct impact on the Iraqi economy.
Accordingly can not leave the central bank auction, but shared with the state institutions and economic security through the arrest of illegal cases that lead to increased exchange rate of U.S. dollar against the Iraqi dinar.
Thus commented a member of the Economic Commission MP / National Alliance / Abdul-Hussein Abtan, saying that the central bank faced "an attack fierce" hard currency as a result of disorders suffered by Iraq's neighbors like Syria and Iran, where the depletion of foreign currency by these countries due to weak control at border crossing points.
The government banks business is unable to perform the functions of selling foreign currency, being the process need to be accurate and thorough study of the nature and quantity of currency in the market and can not be anyone without knowledge of the central bank, said
Banking expert, Hussam Ali Obeid.
Ali said (of the Agency news): The government banks are not eligible technology and need to be efficient and constrained in practice by the Ministry of Finance, which is covered by item VII imposed on Iraq since the nineties of the last century, which do not offer a true citizen, but she manages the financial operations relating to the salaries of retirees and staff.
"You may get confusing in the case of the monetary policy of the country," said financial expert Mohsen Ali (of the Agency news) warned of the possibility of their country's economic problems in the event of a large delivery of the central bank auction on the sale of hard currency to one of the commercial banks
He added that the work of government banks is limited to bid farewell and the exchange of instruments with other banks and is well suited for the task, because they need the expertise, making them easy prey for large companies, and possibly delusional and non-licensed for the purchase of currencies and therefore would increase the value of hard currency more in front of the dinar.
For his part, Deputy Governor of the Bank of the appearance of Mohammed Saleh (of the Agency news): Time to get out of the auction sale of the currency the central bank, and shall state that a commercial bank, it does not fall within the competence of the Central Bank.
"We were finance foreign trade and this is not one of our missions," said Saleh, adding that the dollar come under various pretexts legal and illegal, including not serve the Iraqi economy. / Finished / 8. D. Q 

 

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Head of the Bank of the economy: you must modify the decision of the Ministry of Finance to deal with the prevention of private banks

 Sun 29/04/2012

Baghdad (news) .. The President of the Board of Directors of Bank of the economy Husam Obeid, the importance of the amendment to the former Finance Minister Bayan, which prevent the government departments dealing with private banks, the decision, calling it "wrong" being the size of the role of private banks in the performance of its duties banking.
Obaid said (of the Agency news): it has become necessary to amend the resolution issued by former Finance Minister Baqir Jabr by the House of Representatives, ministers and even the Ministry of the current fiscal, which prevent the deal the state departments and ministries in absolute terms with private banks, making their work is limited only to issue letters of credit and accept deposits from some people.
He added that it was behind the problems and obstacles basic suffered by the private banks are responsible politicians they render decisions do not serve the work of Iraqi banks, and continued: "We met with senior government officials and Finance Minister Rafie al-Issawi to amend this resolution, but it appears that there is a direct negative to the banks own and there was no government support to them.
He called the chairman of the Bank to the economy: the need for support of private banks and urged the departments and ministries of the state to deal with them in order to be Iraq's banks, a global capital of a large solid Odhu. / Finished / 8. N. R /

 

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Khoshnaw: Maliki will be legally bound to implement what is agreed upon between Barzani and Talabani and al-Sadr and Allawi

 Saturday 28/04/2012

Arbil (news) .. The MP said the MP for our coalition Kurdistan / Kurdistan Alliance bloc / Khoshnaw happy that Prime Minister Nuri al-Maliki will be binding on the implementation of what will be an agreement between the four leaders (Talabani, Barzani Alsdrklari), confirming that in the event of failure to implement what will be agreed to pay the rest of the blocks to the withdrawal of confidence with him.
He Khoshnaw (of the Agency news) on Saturday: that Maliki would be binding as be issued by the Quartet meeting, the fact that the meeting is the most important leaders of the country they represent the Iraqi people, adding that the meeting will help to ease tensions between the blocks, and opens the door to resolving the crisis, so Maliki to implement what will be with him without delay or "procrastination".
He pointed out: that (Talabani and Barzani, chest and Allawi) with a resolution of the crisis and move the country to safety, and Maliki has to be the other person supporting them and working executive to resolve the crisis, warning that failure to implement what will be released from the agreement because it will pay the rest of the political blocs to serious withdrawal confidence in the Prime Minister.
The four leaders began their meeting before noon today at the residence of President Talabani in Arbil, to develop a national program in which you can solve the crisis. / End / 24. For. M 

 

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Iraqi MP: no point in dialogue with a coalition of state law to the lack of confidence in him

 Saturday 28/04/2012

Baghdad (news) .. confirmed the MP / coalition in Iraq / Smiep Gulab, the futility of dialogue with the State of Law coalition and sit on the table for their lack of confidence, indicating that the lack of trust between the parties will be directed to the political process to "the abyss".
Said Gulab in the statement (of the Agency news) on Saturday: The Iraqi List is zero confidence in the rule of law because of failure to implement the terms of Arbil on which government was formed despite the passage of two years of life of the government so no point in sitting with them on the table again.
She added that Iraq with all the attempts to resolve the outstanding problems between the political blocs, saying that the coalition is looking for radical solutions to all problems that lead to instil confidence among the political blocs.
She noted an MP for the coalition in Iraq to: that the lack of confidence between the political parties will move the political process to "the abyss" and reflected negatively on the security situation and the political, economic, and therefore must resort to other options such as restoring the elections or withdraw confidence from the government.
The MP said / the coalition in Iraq / Salem Daly, the country is living a crisis of confidence among its leaders, creating and exacerbating the political crisis.
He said Daly in an earlier statement (the news): There is a crisis of confidence between the political leaders are all, without exception, some were afraid of the others do not trust one with one another, adding that the Iraqi people and even members of the House of Representatives have the spirit of citizenship and there is high confidence among themselves, but the political leaders did not trust each other, and live a major crisis among them. / Finished / 2. for. m /

 

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